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sysdashprice

8 karma · joined June 11, 2018

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sysdashprice··on Near-Collapse of ZTE May Be China’s Sputnik Moment
I think China had no choice in 2015. The collapse of the stock market, spurring the capital outflow (currently, 3 Trillion of 6 Trillion of China's wealth is overseas) and induced by the 'corruption crackdown' by Xi Jing Ping, exposed the fragile economic condition in China (350% debt/gdp). China realized it was playing a severely weak hand, and it had to act belligerent in its own self interest. So it

- threatened several of its neighbors with occupying and later arming the islands in SCS

- threatened to invade Taiwan

- ramped up hacking efforts to steal IP around the world

- told its citizens to stop buying from Korea after the missile crisis

- told its citizens to stop buying from Japan after the island issue

- propping up dictatorships around the world

this is all in an effort to redirect the world to look away from its demographics decline, growth flatlining, reshoring and factories moving out of China, etc

sysdashprice··on Near-Collapse of ZTE May Be China’s Sputnik Moment
Speak for yourself. South Koreans love that US has defended them against the maniacal dictators around the country. Taiwanese people love that US has protected them against the Chinese aggression, and support their island of democracy. Even some Chinese people love that US was the main capital provider into the country that lifted Chinese from abject poverty.

While around the world, muslims are angry that China has enacted a concentration camp for millions of muslims. (I'm sure since you're in Malaysia, you should have heard your muslim friends say something about this). Americans are pissed off that China steals trade secrets and doesn't abide by any of the laws in WTO. Vietnamese, Indonesians, and Filipinos are upset about the Chinese aggression in South Sea. Japanese are upset about the perpetual hatred Chinese government has against Japan (tons of WW2 drama portraying Japan as evil).